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LIC's gross NPA ratio in debt portfolio rises to 7.5% in December

The gross NPA ratio of LIC in the debt portfolio at the end of September 2019 stood at 6.10%

LIC
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LIC building in Delhi

Subrata Panda Mumbai
The gross non-performing asset (NPA) ratio in the debt portfolio of Life Insurance Corporation (LIC) has risen to 7.5 per cent at the end of December 2019 from 6.06 per cent at the end of December 2018. However, if LIC’s entire asset base of over Rs 32 trillion is considered, the gross NPA ratio is around 1 per cent.
 
The gross NPA ratio of LIC in the debt portfolio at the end of September 2019 stood at 6.10 per cent.

In absolute terms, the outstanding book value of NPAs of LIC in the debt portfolio across life, pension and unit-linked funds

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